Wipro WIT releases its next round of earnings this Tuesday, October 13. Here is Benzinga's essential guide to Wipro's Q2 earnings report.
Earnings and Revenue
Analysts expect Wipro earnings of $0.06 per share. Revenue will likely be around $2.05 billion, according to the consensus estimate. In the same quarter last year, Wipro reported earnings per share of $0.06 on revenue of $2.14 billion. The Wall Street estimate would represent no change in the company's earnings. Sales would be down 4.25% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2020 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0.06 | 0.06 | 0.06 |
| EPS Actual | 0.06 | 0.05 | 0.06 | 0.06 |
| Revenue Estimate | 1.86 B | 2.15 B | 2.20 B | 2.13 B |
| Revenue Actual | 1.97 B | 2.08 B | 2.17 B | 2.14 B |
Stock Performance
Over the last 52-week period, shares of Wipro are up 47.02%.
Looking at these results, shareholders should be feeling content with these results.
Do not be surprised to see the stock move on comments made during its conference call. Wipro is scheduled to hold the call at 09:45:00 ET and can be accessed here: https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=6908919&linkSecurityString=13181c06b2
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